According to Banco Comercial Portuguรชs (Millennium bcp)'s latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 7.49042. At the end of 2022 the company had a P/E ratio of 4.79.
Year | P/E ratio | Change |
---|---|---|
2022 | 4.79 | -41.82% |
2021 | 8.24 | -10.8% |
2020 | 9.23 | 108.08% |
2019 | 4.44 | -39.35% |
2018 | 7.32 | -28.72% |
2017 | 10.3 | 684% |
2016 | 1.31 | -78.87% |
2015 | 6.20 | -170.58% |
2014 | -8.78 | 78.58% |
2013 | -4.92 | 3646.33% |
2012 | -0.1312 | -95.56% |
2011 | -2.95 | -147.85% |
2010 | 6.17 | -90.62% |
2009 | 65.8 |
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.